Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 73500
per

Your estimated
City
free-cash

Madrid , Spain
₽11046
₽17916
₽8026
₽7507
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
73 500
other
-
-
-
73
unemployment
-
-
-
514
income
-
-
-
12 300
pensions
-
-
-
20 800
accident
-
-
-
661
total
-
-
-
34 348
Employee
43 486
-
55 731
-
unemployment
673
-
865
-
other
43
-
56
-
pensions
2 044
-
2 619
-
income
9 083
-
12 522
-
total
11 843
-
16 062
-
Employer
43 486
-
55 731
-
other
349
-
446
-
accident
861
-
1 104
-
pensions
10 263
-
13 152
-
unemployment
2 392
-
3 065
-
total
13 865
-
17 767
-
Corporate
16 149
73 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 423
11 025
-
-
total
2 423
11 025
-
-
Dividends
13 726
62 475
-
-
withholding
2 678
12 914
-
-
total
2 678
12 914
-
-
Income
73 500
73 500
73 500
73 500
Total tax
30 809
23 939
33 829
34 348
After tax
42 691
49 561
39 671
39 152
Living cost
31 645
31 645
31 645
31 645
Free-cash
11 046
17 916
8 026
7 507

Estimated living cost  is ₽31645 per week

₽22726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close